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Consider the following cash flows: Year Cash Flow 0 $ 3 4 , 0 0 0 1 1 4 , 1 0 0 2 1

Consider the following cash flows:
Year Cash Flow
0$ 34,000
114,100
217,600
311,500
What is the IRR of the cash flows?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.

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